AMAB: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
AMAB
NACE 88.993, Social work activities without accommodation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€447,493
2024 · €559,019-€1.0m
Equity
€18.0m
2024 · €18.5m-€541,309
Cash
€1.8m
2024 · €2.4m-€547,100
Balance sheet total
€31.0m
2024 · €28.6m+€2.4m
Largest movements
Assets
- Tangible fixed assets +€3.9m
up €3.9m (+19.7%), from €19.6m to €23.4m
of which Land and buildings: +€12.7m
- Receivables within one year -€1.7m
down €1.7m (-37.8%), from €4.6m to €2.8m
of which Trade receivables: -€1.6m
- Stocks and contracts +€672,380
up €672,380 (+37.1%), from €1.8m to €2.5m
- Cash -€547,100
down €547,100 (-23.2%), from €2.4m to €1.8m
mainly Investment in fixed assets (net) (-€4.7m) and Stocks and contracts (-€672,380)
Equity and liabilities
- Debts within one year +€2.8m
up €2.8m (+55.0%), from €5.0m to €7.8m
of which Current portion of long-term debt: +€1.5m
- Profit (loss) carried forward -€447,493
down €447,493 (-10.5%), from €4.3m to €3.8m
- Debts after one year +€333,333
up €333,333 (+8.5%), from €3.9m to €4.3m
Income statement
- Turnover +€1.3m
up €1.3m (+10.2%), from €12.9m to €14.2m
- Staff costs +€974,661
up €974,661 (+5.0%), from €19.6m to €20.5m
- Goods and materials +€600,405
up €600,405 (+16.6%), from €3.6m to €4.2m
of which Purchases: +€2.5m
- Write-downs +€501,514
up €501,514, from -€17,168 to €484,346
- Services and other goods +€193,717
up €193,717 (+7.2%), from €2.7m to €2.9m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€559,019
Turnover
+€1.3m
Other operating income
+€14,153
Goods and materials
-€600,405
Services and other goods
-€193,717
Staff costs
-€974,661
Depreciation
+€12,588
Write-downs
-€501,514
Other operating charges
+€3,975
Other operating items
-€76,049
Financial income
-€487
Financial charges
-€1,312
Taxes
+€1,270
Result 2025
-€447,493
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€4.0m
Investment
-€4.7m
Financing
+€239,518
Cash 2024
€2.4m
From operations (derived)
+€4.0m
Net result for the year
-€447,493
Depreciation
+€888,344
Stocks and contracts
-€672,380
Receivables within one year
+€1.7m
Deferred charges and accrued income
-€150,055
Provisions
+€22,930
Debts within one year
+€2.8m
Accrued charges and deferred income
-€162,997
Investment (derived)
-€4.7m
Investment in fixed assets (net)
-€4.7m
Financing
+€239,518
Debts after one year
+€333,333
Contributions, distributions and other
-€93,816
Cash 2025
€1.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,575,933 | €30,986,756 | +€2.4m | +8.4% |
| Fixed assets | 21/28 | €19,715,070 | €23,574,082 | +€3.9m | +19.6% |
| Tangible fixed assets | 22/27 | €19,576,294 | €23,435,306 | +€3.9m | +19.7% |
| Land and buildings | 22 | €8,255,467 | €20,949,295 | +€12.7m | +153.8% |
| Plant, machinery and equipment | 23 | €1,267,755 | €2,320,833 | +€1.1m | +83.1% |
| Furniture and vehicles | 24 | €57,336 | €165,177 | +€107,842 | +188.1% |
| Assets under construction and advance payments | 27 | €9,995,737 | - | -€10.0m | |
| Financial fixed assets | 28 | €138,776 | €138,776 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €4,500 | €4,500 | = | 0.0% |
| Participating interests | 282 | €4,500 | €4,500 | = | 0.0% |
| Other financial fixed assets | 284/8 | €134,276 | €134,276 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €134,276 | €134,276 | = | 0.0% |
| Current assets | 29/58 | €8,860,862 | €7,412,675 | -€1.4m | -16.3% |
| Stocks and contracts in progress | 3 | €1,810,020 | €2,482,400 | +€672,380 | +37.1% |
| Stocks | 30/36 | €1,810,020 | €2,482,400 | +€672,380 | +37.1% |
| Raw materials and consumables | 30/31 | €1,469,995 | €2,312,478 | +€842,484 | +57.3% |
| Finished goods | 33 | €340,025 | €169,922 | -€170,104 | -50.0% |
| Amounts receivable within one year | 40/41 | €4,555,646 | €2,832,123 | -€1.7m | -37.8% |
| Trade receivables | 40 | €3,829,772 | €2,199,865 | -€1.6m | -42.6% |
| Other amounts receivable | 41 | €725,874 | €632,258 | -€93,617 | -12.9% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,357,301 | €1,810,201 | -€547,100 | -23.2% |
| Deferred charges and accrued income | 490/1 | €137,395 | €287,450 | +€150,055 | +109.2% |
| Total equity and liabilities | 10/49 | €28,575,933 | €30,986,756 | +€2.4m | +8.4% |
| Equity | 10/15 | €18,491,679 | €17,950,369 | -€541,309 | -2.9% |
| Contributions | 10/11 | €390,736 | €390,736 | = | 0.0% |
| Capital | 10 | €390,736 | €390,736 | = | 0.0% |
| Reserves | 13 | €12,604,668 | €12,604,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,262,535 | €3,815,042 | -€447,493 | -10.5% |
| Investment grants | 15 | €1,233,740 | €1,139,924 | -€93,816 | -7.6% |
| Provisions and deferred taxes | 16 | €775,644 | €798,574 | +€22,930 | +3.0% |
| Provisions for liabilities and charges | 160/5 | €775,644 | €798,574 | +€22,930 | +3.0% |
| Major repairs and maintenance | 162 | €649,772 | €621,537 | -€28,235 | -4.3% |
| Other liabilities and charges | 164/5 | €125,871 | €177,037 | +€51,166 | +40.6% |
| Amounts payable | 17/49 | €9,308,611 | €12,237,813 | +€2.9m | +31.5% |
| Amounts payable after more than one year | 17 | €3,943,750 | €4,277,084 | +€333,333 | +8.5% |
| Financial debts | 170/4 | €3,943,750 | €4,277,084 | +€333,333 | +8.5% |
| Credit institutions | 173 | €3,943,750 | €4,277,084 | +€333,333 | +8.5% |
| Amounts payable within one year | 42/48 | €5,016,354 | €7,775,219 | +€2.8m | +55.0% |
| Current portion of amounts payable after more than one year | 42 | €500,000 | €2,012,907 | +€1.5m | +302.6% |
| Trade debts | 44 | €1,032,181 | €2,068,274 | +€1.0m | +100.4% |
| Suppliers | 440/4 | €1,032,181 | €2,068,274 | +€1.0m | +100.4% |
| Taxes, remuneration and social security | 45 | €3,190,873 | €3,451,920 | +€261,047 | +8.2% |
| Taxes | 450/3 | €140,388 | €146,002 | +€5,614 | +4.0% |
| Remuneration and social security | 454/9 | €3,050,485 | €3,305,919 | +€255,434 | +8.4% |
| Accrued charges and deferred income | 492/3 | €348,507 | €185,510 | -€162,997 | -46.8% |
| Operating income | 70/76A | €27,441,229 | €28,966,207 | +€1.5m | +5.6% |
| Turnover | 70 | €12,869,693 | €14,179,340 | +€1.3m | +10.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €128,507 | -€170,104 | -€298,610 | |
| Membership fees, donations, legacies and grants | 73 | €13,851,260 | €14,384,495 | +€533,235 | +3.8% |
| Other operating income | 74 | €404,407 | €418,560 | +€14,153 | +3.5% |
| Non-recurring operating income | 76A | €187,361 | €153,916 | -€33,445 | -17.9% |
| Operating charges | 60/66A | €26,720,026 | €29,250,988 | +€2.5m | +9.5% |
| Goods for resale, raw materials and consumables | 60 | €3,625,330 | €4,225,735 | +€600,405 | +16.6% |
| Purchases | 600/8 | €3,016,598 | €5,552,564 | +€2.5m | +84.1% |
| Change in stocks: decrease (increase) | 609 | €608,732 | -€1,326,830 | -€1.9m | |
| Services and other goods | 61 | €2,702,115 | €2,895,833 | +€193,717 | +7.2% |
| Remuneration, social security and pensions | 62 | €19,556,222 | €20,530,883 | +€974,661 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900,932 | €888,344 | -€12,588 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,168 | €484,346 | +€501,514 | |
| Other operating charges | 640/8 | €72,601 | €68,627 | -€3,975 | -5.5% |
| Non-recurring operating charges | 66A | €30,432 | €134,291 | +€103,859 | +341.3% |
| Operating profit (loss) | 9901 | €721,203 | -€284,781 | -€1.0m | |
| Financial income | 75/76B | €639 | €153 | -€487 | -76.1% |
| Recurring financial income | 75 | €639 | €153 | -€487 | -76.1% |
| Other financial income | 752/9 | €639 | €153 | -€487 | -76.1% |
| Financial charges | 65/66B | €156,692 | €158,004 | +€1,312 | +0.8% |
| Recurring financial charges | 65 | €156,692 | €158,004 | +€1,312 | +0.8% |
| Other financial charges | 652/9 | €156,692 | €158,004 | +€1,312 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €565,150 | -€442,632 | -€1.0m | |
| Income taxes | 67/77 | €6,132 | €4,861 | -€1,270 | -20.7% |
| Taxes | 670/3 | €6,132 | €4,861 | -€1,270 | -20.7% |
| Profit (loss) for the period | 9904 | €559,019 | -€447,493 | -€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €559,019 | -€447,493 | -€1.0m |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.